The city of untouchably cool style is finally getting the permanent fashion museum it deserves. Thanks to the support of the House of Chanel, the Palais Galliera will become the first permanent fashion museum in France.

“The city of Paris is proud to be able to open this exceptional space to Parisians and visitors from all over the world,” said Anne Hidalgo, mayor of Paris, in a statement released during Paris Fashion Week. “I would like to thank the House of Chanel for proving once again that Paris is the home of fashion.”

Chanel contributed €5.7 million (about $6 million at the current exchange rate) to help turn French fashion dreams into a permanent reality. “This initiative represents a lasting commitment to creation and to the strength of Paris, which are at the heart of Chanel’s business,” said Chanel Fashion President Bruno Pavlovsky.

The Palais Galliera was built in 1894 and owns more than 200,000 articles from fashion history. The museum’s collection spans from the 18th century to today, including clothing, accessories, photographs, and graphic art. The new exhibit will be showcased in the museum’s 7,211-square-foot basement.

As the fashion capital of the world, and a place where the industry is so inextricably linked to history, it’s hard to believe it took this long for a permanent fashion museum to take shape. Needless to say, it may be time to start planning a spring 2019 trip to Paris.